AST SpaceMobile Is Building Something Wall Street Can’t Ignore
AST SpaceMobile Is Building Something Wall Street Can’t Ignore
Vandita JadejaWed, October 14, 2026 at 5:00 PM UTC
0
AST SpaceMobile has shed nearly a third of its value this year, drawn lawsuits, and sparked a debate about whether a SpaceX headline tanked the stock for no good reason. The answer depends on milestones that have not happened yet.Quick Read -
ASTS trades at $51 but carries a $87.68 BUY target, implying 72% upside if beta service and 45 satellites launch on schedule by early 2027.
Iridium earns real profit on $225M quarterly revenue yet commands only a $5B market cap, exposing how richly ASTS is valued on its $1.3B backlog alone.
Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and AST SpaceMobile didn't make the cut. Enter your email to see the names that beat ASTS. The report is free. Enter your email and see if any of your stocks made the cut.
The 24/7 Wall St. price target for AST SpaceMobile (NASDAQ:ASTS) is $87.68 over the next 12 months, well above the recent $50.97 share price.
24/7 Wall St. Price Target Summary
Metric
Value
Current Price
$50.97
Price Target (24/7 Wall St.)
$87.68
Upside/Downside
72.04%
Recommendation
Confidence Level
50%
That 50% confidence reading is moderate. It reflects how much of AST SpaceMobile's value rests on milestones still ahead: beta service with carrier partners in 2026, roughly 45 satellites in orbit by early 2027, and a revenue ramp toward confirmed 2026 guidance of $150M-$200M. The stock has fallen sharply this year, and that decline explains the wide gap to our target.
A 30% Slide, a Lawsuit Wave and a SpaceX Scare
Shares fell 13.11% over the past week and 18.63% over the past month. They are down 30.07% year to date, sitting close to the 52-week low of $47.57 and far below the $133.86 high.
Barron's argued that the latest drop on SpaceX news was unwarranted, and law firms have announced class action filings against the company and certain officers.
In second-quarter results reported August 10, revenue jumped 2,626.6% to $31.52M but missed the $34.40M consensus. GAAP EPS of -$0.77 missed the -$0.29 estimate. Backlog rose to about $1.30B, and pro forma liquidity exceeded $3.70B after a $1.150B convertible notes offering.
Free Report, Just Released
Why Didn't ASTS Make The Top 10 List?
24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now.
And ASTS didn't make the cut!
The report is free, and you can see why we think each stock is a top investment today.
Enter Your Email and See the Ten →
ASTS Earnings Explorer — 24/7 Wall St.Why Bulls See $108.95 Within Reach
In our bull scenario, the stock reaches $108.95. AST SpaceMobile counts over 60 MNO partners covering over 3 billion subscribers, including major global carriers.
Advertisement
Three new government awards carry over $100 million of funded near-term value, and Japan's J-LEO project could be worth up to approximately $1 billion in non-dilutive capital.
A new ASIC should nearly double the 98.9 Mbps peak speed set by Block 1 satellites. The president repeated the goal of "approaching a billion of revenue in our first year of commercial service."
What Could Derail the Constellation
The bear case target sits at $72.30. AST SpaceMobile has posted 6 consecutive misses. Second-quarter capex reached about $610 million, which keeps the business dependent on capital raises and exposes shareholders to dilution.
Launch timing also hinges on third-party providers. The six-month losses include a $125.9 million BB7 involuntary conversion loss and $88.7 million in induced conversion expense, both of which bulls treat as non-recurring.
How AST SpaceMobile Compares to Iridium and Globalstar
Iridium Communications (NASDAQ:IRDM) is the mature contrast: a profitable global satellite operator that is pursuing direct-to-device service through NTN Direct. It earned $0.09 per share on 3.84% revenue growth, yet its market cap is only about $5.03 billion.
Globalstar (NASDAQ:GSAT) shares AST SpaceMobile's exposure to smartphone satellite connectivity and has agreed to a takeover at $90 per share.
Company
Market Cap
Q2 2026 Revenue
YoY Revenue Growth
AST SpaceMobile
$15.28B
$31.52M
2,626.6%
Iridium
$5.03B
$225.24M
3.84%
Globalstar
$10.86B
$64.77M
-3.54%
Measured on today's revenue, the peer group makes our target look aggressive. Measured against the backlog and the planned commercial ramp, it looks reasonable. A buyer is also paying a strategic premium for Globalstar's spectrum, which offers a real-world benchmark for this kind of asset.
Key Milestones to Track Through the Beta Launch
The 24/7 Wall St. price target of $87.68 supports a buy at 50% confidence. The model's case rests on liquidity of more than $3.7 billion coupled with a signed backlog.
The bull case improves if launches keep a monthly-to-bimonthly pace and beta service starts on schedule. The thesis weakens if launch delays push the 45-satellite target past early 2027. At these levels, the model's upside reflects those execution risks.
AST SpaceMobile Price Prediction 2026-2030
Looking further out, here is where the price target model from 24/7 Wall St. projects AST SpaceMobile could trade, assuming current growth trends and market conditions hold.
Year
Price Target (24/7 Wall St.)
2026
$58.67
2027
$89.78
2028
$128.85
2029
$159.86
2030
$193.09
AST SpaceMobile would need to keep executing on its constellation expansion for these projections to hold. Significant upside could come from government demand and sovereign network deals, while launch failures or heavy dilution could produce significant downside.
Got $1,000? Before You Buy ASTS, Read This
If you have cash sitting in your account right now, give this two minutes. After more than two decades of helping investors beat the market, our top analysts at 24/7 Wall St. put together a definitive report on the Top 10 Stocks To Buy Today. And ASTS wasn't one of them.
They combed the entire market. It's not 10 ideas, not 10 stocks everyone is talking about, it's what their research points to as the 10 best stocks to buy right now, and it's free. Read more here and see which stocks made the list -->>
Contact editorial@247wallst.com for any questions or corrections.
Source: “AOL Money”
